New (2023) SAP C_S4CFI_2302 Exam Dumps [Q70-Q94]

C_S4CFI_2302 SAP

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October 18, 2023

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New (2023) SAP C_S4CFI_2302 Exam Dumps

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The Certified Application Associate – SAP S/4HANA Cloud public edition – Finance (C_S4CFI_2302) is an essential certification exam for finance professionals who work with SAP S/4HANA Cloud. Certified Application Associate – SAP S/4HANA Cloud public edition – Finance certification exam validates the candidate’s understanding of the basic concepts and principles of the SAP S/4HANA Cloud public edition – Finance module. C_S4CFI_2302 exam tests the candidate’s ability to apply this knowledge to real-world scenarios to solve problems related to finance and accounting.

NO.70 You reviewed the project scope and identified the corresponding resources. Based on the SAP Activate methodology, which activities must you perform in the Explore phase? Note: There are 2 correct answers to this question.

Define the organizational structure and chart of accounts

Use the Quality system to demonstrate SAP Best Practices processes.

Conduct the Fit-to-Standard analysis to identify fits and gaps.

Conduct the Digital Discovery Assessment to identify fits and gaps.

NO.71 Witch you activates can you perform when you use general ledger accounting in SAP S/4 HANA Cloud? 2 answers

Display general ledger items, documents and good balances

Post to the financial statement version

Carry out recurring entries

Release blocked sales orders

The activities that you can perform when you use general ledger accounting in SAP S/4 HANA Cloud are:
Display general ledger items, documents and good balances
Carry out recurring entries You cannot post to the financial statement version or release blocked sales orders using general ledger accounting in SAP S / 4HANA Cloud. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

NO.72 What are some characteristics of SAP HANA Enterprise Cloud? Note: There are 3 correct answers to this question.

It is an Infrastructure as a Service (IaaS) plus managed services

Services include provisioning, patching, and upgrading.

Customers can bring their own licensed SAP applications.

It is a Platform as a Service (PaaS) plus managed services.

SAP runs your application in a shared environment

NO.73 Which activities are completed in SAP Central Business Configuration? Note: There are 2 correct answers to this question.

Create customer-specific master data.

Activate countries not covered by SAP Best Practices.

Add extensions to standard processes.

Add customer-specific data within SAP Best Practices content.

The activities that are completed in SAP Central Business Configuration are:
Add extensions to standard processes
Add customer-specific data within SAP Best Practices content SAP Central Business Configuration is a tool that allows you to configure and customize your SAP S/4HANA Cloud solution using predefined content and settings. You cannot use SAP Central Business Configuration to create customer-specific master data, activate countries not covered by SAP Best Practices, or create new business processes. Reference: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

NO.74 What is a service order in the Service Line of Business?

A confirmation of an agreement between a service provider and service recipient.

Outline agreement with a business partner that defines services offered for a particular period..

Long-term agreement with a customer that defines the content and scope of services guaranteed within specific tolerance limits for certain parameters (e.g. predefined time frames).

Short-term agreement between a service provider and a service recipient with information relevant to the specific service process.

A service order is a short-term agreement between a service provider and a service recipient with information relevant to the specific service process, such as the service date, location, duration, and price. A service order is not a confirmation, an outline agreement, or a long-term agreement. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9e9a7e16afef4cc0ad2ab27af385aa72.html

NO.75 What can you use the Query Browser app to do? (Choose two.)

View authorized published queries

Create your own tags for CDS views

Create and publish a query

Modify an SAP-created analytical query

The Query Browser app allows you to view authorized published queries that are based on CDS views. You can also create and publish your own queries using the app, if you have the required authorizations and roles. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/7e30637d0a0545f99f6a65242a44940d.html

NO.76 For which objects can you perform budget availability control? (Choose two.)

Project

Cost Center

Internal Order

Profit Center

NO.77 Where do you enable a customer-specific field to be available for UIs and reports relevant for the same business context?

In the Custom Fields and Logic app

In the Runtime Authoring mode

In the Extensibility Cockpit app

In the Maintain SAP Business Technology Platform Extensions app

You can enable a customer-specific field to be available for UIs and reports relevant for the same business context in the Custom Fields and Logic app. You can use this app to create custom fields and assign them to business contexts and UIs. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/7e30637d0a0545f99f6a65242a44940d.html

NO.78 What is the purpose of the Starter system in the SAP S/4HANA Cloud implementation project?

To configure the customer’s personalized solution for demonstration and testing during the Realize phase

To demonstrate SAP Best Practices processes in a preconfigured system and identify customer personalization requirements

To demonstrate the customer’s personalized solution, including process flows, the organizational structure, and authorizations

To conduct a blueprint workshop to identify all customer requirements for a completely customized solution

NO.79 Which of the following can be transported using the Software Collection apps in SAP S/4HANA Cloud? Note: There are 2 correct answers to this question.

Custom business roles

Custom business objects

variants and changes

Migration projects

The following can be transported using the Software Collection apps in SAP S/4HANA Cloud:
Custom business roles
Custom business objects These are examples of custom content that you can create and transport using the Software Collection apps. You cannot transport variants and changes or migration projects using the Software Collection apps. You need to use other tools or apps for those tasks. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

NO.80 You are implementing SAP S/4HANA Cloud for a company that manufactures bicycles and bicycle parts. The accountant is confused with the available account types.
When creating an account for costs of printing marketing materials, which account type should they choose?

Secondary cost account

Non-operating expense

Balance Sheet

Primary cost account

NO.81 SAP S/4HANA Cloud Configuration and User Management Which activities does the expert configuration allows? 2 answers

Creation of new process in customer owned area

Adaption of editable fields within SAP Best Practice content

Customization through IMG outside self-service configuration Ul tools

Deletion of SAP Best Practices content before Quality system activation

The activities that the expert configuration allows are:
Creation of new process in customer owned area
Customization through IMG outside self-service configuration UI tools You cannot use the expert configuration to adapt editable fields within SAP Best Practice content, delete SAP Best Practices content before Quality system activation, or add new SAP Best Practice business processes. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

NO.82 What are some responsibilities of a Customer Center of Expertise (CCOE)? Note: There are 3 correct answers to this question

Conduct risk-based assessments to determine the value of activating new processes.

Determine KPIs that will support a continuous improvement mindset.

Reduce the total cost of ownership for IT.

Serve as a central contact for SAP and manage interactions with the SAP Service Center.

Ensure the resources necessary for the project’s success are available.

Some of the responsibilities of a Customer Center of Expertise (CCOE) are:
Determine KPIs that will support a continuous improvement mindset
Reduce the total cost of ownership for IT
Serve as a central contact for SAP and manage interactions with the SAP Service Center A CCOE is an organizational unit that provides support and governance for the customer’s SAP solution landscape. A CCOE does not conduct risk-based assessments to determine the value of activating new processes or ensure the resources necessary for the project’s success are available. These tasks are performed by other roles such as business process experts or project managers. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

NO.83 Which of the following fields in maintained on the general data segment of the supplier business partner?

Reconciliation account

Tolerance group

Pavment termS

Communication language

Communication language is one of the fields that is maintained on the general data segment of the supplier business partner. Communication language determines the language used for correspondence with the supplier. Reconciliation account, tolerance group, and payment terms are not fields on the general data segment, but on other segments such as accounting or purchasing. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

NO.84 Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?

SAP Cash Application

SAP Multi-Bank Connectivity

SAP RealSpend

SAP Bank Analyzer

NO.85 Which of the following transactions updates values in Profitability Analysis (CO-PA) reporting?

Enter statistical key figure

Run allocations

Maintain activity prices

Post asset acquisition

Posting asset acquisition is one of the transactions that updates values in Profitability Analysis (CO-PA) reporting. This transaction records the acquisition cost of an asset as a primary cost in CO-PA. Other transactions that update CO-PA reporting are sales order, billing document, and production order settlement. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

NO.86 Which organizational units are directly linked to a plant? (Choose two.)

Storage location

Credit control area

Company code

Sales office

NO.87 What are some responsibilities of a Customer Center of Expertise (CCOE)? Note: There are 3 correct answers to this question

Conduct risk-based assessments to determine the value of activating new processes.

Determine KPIs that will support a continuous improvement mindset.

Reduce the total cost of ownership for IT.

Serve as a central contact for SAP and manage interactions with the SAP Service Center.

Ensure the resources necessary for the project’s success are available.

NO.88 What are customers able to scope in SAP S/4HANA Cloud with Central Business Configuration (CBC)? (Choose three.)

Non-standard scenarios

Pre-defined scenario bundles

Scope extensions

Public sector processes

CD Countries where business processes will run

NO.89 A customer needs detailed customization to the standard forms and email templates.
What solution should the consultant propose?

Use the corresponding configuration items to modify elements of the form template

Create a custom UI with the Custom Fields and Logic app

Use the Output Management apps to customize a standard template

Use the Adobe Lifecycle Designer tool to edit a standard template

If a customer needs detailed customization to the standard forms and email templates, you should propose to use the Output Management apps to customize a standard template. You can use these apps to modify elements of the form template, such as layout, content, logo, font, etc.

NO.90 According to the General Data Protection Regulation (GDPR) laws, when are SAP customers considered data controllers?

When they use SAP cloud applications

When they engage other businesses in the European Union

When they request implementation of a cloud solution

When they extract legacy data in preparation for migration

NO.91 How do you identify errors in a test plan? Note: There are 2 correct answers to this question.

Review failed process steps.

Review canceled actions

Re-run the test plan.

Review the detailed action log.

You can identify errors in a test plan by doing the following:
Review failed process steps
Review the detailed action log These methods allow you to see which process steps did not execute successfully and why they failed. You can also see detailed information about each action performed during the test execution. Re-running the test plan or reviewing canceled actions do not help you identify errors in a test plan, as they do not provide any additional information about the cause of failure. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

NO.92 Which transition scenario fits a customer who is interested in moving to SAP S/4HANA Cloud, but is not ready for full process redesign?

System Conversion

Landscape Transformation

Selective Data Transition

New Implementation

NO.93 Which activities does the consultant do before the first Fit-to-Standard workshop? Note: There are 2 correct answers to this question.

Evaluate the Business-Driven Configuration Questionnaire responses.

Review the integration requirements collected from the Digital Discovery Assessment

Deactivate scope items that are NOT part of the Statement of Work/Digital Discovery Assessment.

Upload customer master data in the Starter system using migration templates.

The activities that the consultant does before the first Fit-to-Standard workshop are:
Evaluate the Business-Driven Configuration Questionnaire responses
Review the integration requirements collected from the Digital Discovery Assessment The Business-Driven Configuration Questionnaire is a tool that collects information about your business requirements, such as scope items, countries, currencies, languages, etc. The Digital Discovery Assessment is a tool that collects information about your integration requirements, such as source systems, target systems, communication protocols, etc. The consultant evaluates and reviews these information before conducting the Fit-to-Standard workshop. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

NO.94 Which task can you perform with SAP CoPilot?

Share report outputs with colleagues in chat

Troubleshoot common problems

Scan invoices and pre-fill posting information

Create custom report output variants

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SAP C-S4CFI-2302 exam is a multiple-choice exam that consists of 80 questions. C_S4CFI_2302 exam duration is 180 minutes, and candidates are required to score at least 65% to pass the exam. C_S4CFI_2302 exam is available in English and Japanese languages. C_S4CFI_2302 exam can be taken at any SAP training center or through the SAP Learning Hub. C_S4CFI_2302 exam fee is $550, and it is valid for two years.

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